Resources

Hong Kong, China made a presentation on the economy's support measures provided to SMEs in the creative industries, with a focus on the design sector. These include all-round support to nurture design start-ups through the Design Incubation Programme; revitalized decommissioned buildings to provide space for design studies and exhibition and art venues; and funding support through the CreateSmartInitiative to promote the development of the industries. Altogether, the support measures facilitate SMEs in the field to grow and establish their business in both locally and overseas.

Hong Kong, China made a presentation introducing their network of government and quasi-government support centres for SMEs. These centers serve to look after SMEs' needs in their establishment and operation in the form of information and advisory services of Support and Consultation Centre for SMEs ("SUCCESS") run by the Trade and Industry Department, enhancement of business operation by the IT solution services of Hong Kong Productivity Council's "SME One" and "Inno Space", and market expansion by the export market-oriented services of the Hong Kong Trade and Development Council's "SME Centre".

Hong Kong, China's best practice sharing focused on support for innovative start-ups, especially Fintec start-ups. Supporting start-ups was an important part of Hong Kong, China's drive to develop innovation and technology for the economy. A broad range of measures were adopted such as enhancing existing start-up incubation programmes, introducing new programmes, reducing general and specific taxes, and improving SME funding schemes to enable start-ups to benefit as well.

Hong Kong, China's (HKC) sharing focused on their support for SMEs in the internet and digital economy.  Some of the measures included incubation programmes to nurture start-ups in the ICT field and mobile app business; opening up government and public data for entrepreneurship and making land available for the development of data centres; providing support and setting up dedicated institutions for assisting SMEs to upgrade, innovate and adopt technological solutions; and training and educating SMEs to increase their knowledge and know-how of the internet and digital economy.

Hong Kong, China's (HKC) sharing focused on their continuous efforts in driving the development of innovation and technology (I&T), with a focus on re-industrialisation.  By re-industrialisation, HKC aimed at applying I&T to manufacturing for developing high-end industries suitable for HKC and carrying out high value-added production processes.  To achieve this, a number of measures have been taken, including providing more space for industrialisation, assisting existing industries to move towards high value-added production, strengthening research and development, and providing financial assistance for upgrading and innovation.

Hong Kong, China's (HKC) presentation focused on their multi-folded support measures to enhance the competitiveness of its SMEs for their greater participation in the Global Value Chains.  These measures included the promotion activities by the Hong Kong Trade and Development Council to enable SMEs to explore and connect with the global market; funding support to assist SMEs to upgrade their business and innovate; promoting research and development and their commercialisation; and providing infrastructure and other institutional support to facilitate the movement of goods across borders.